Payment solutions provider Revenue Group‘s Group CEO Danny Leong Kah Chern is reportedly reconsidering his decision to resign according to a company announcement on Bursa Malaysia.

The group sought to clarify matters when Fintech News Malaysia published news of Danny’s resignation last Thursday when we caught wind of it from credible sources.

He had tendered his resignation just two months after having first accepted the position on 6 January this year. If Danny decides to proceed with the resignation, he will be stepping down officially on 23 May.

In the meantime, Revenue Group said that has already begun the search for a suitable replacement and has since appointed new executive and independent directors.

“The company wishes to clarify that the present Group Chief Executive Officer (Group CEO), Danny Leong has tendered his resignation where the board has asked him to re-consider his decision and the board understand he is indeed, re-considering it.

 

Should there be any further developments on the above matter, the Board will release the necessary announcements in a timely manner to Bursa Malaysia Securities Berhad.”